1 bedroom apartment for sale

Available

Stockwell Road, SW9 9FX

£115,000 · Shared Ownership Resale

Share percentage 25%, full price £460,000, £11,500 Min Deposit.

Available
1 bedroom
1 Bathroom
£115,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 25%, full price £460,000, £11,500 Min Deposit.

Monthly Cost: £1,909
Rent £1,039, Service charge £286, Mortgage £584*

Calculated using a representative rate of 4.64%

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Eligibility

You may be eligible for this property if: You have a gross household income of no more than £90,000 per annum. You are unable to purchase a suitable home to meet your housing needs on the open market. You do not already own a home or you will have sold your current home before you purchase or rent.

Summary

A stylish one-bedroom apartment is now available through Shared Ownership. Set in a prime location, with buzzing Brixton on your doorstep.

Description

A stylish one-bedroom apartment is now available through Shared Ownership. Set in a prime location, with buzzing Brixton on your doorstep. This fifth -floor apartment is available for £115,000 for a 25% share with a full market value of £460,000.
Upon entering, you're greeted by a welcoming hallway that leads into the open-plan living area and a fully equipped contemporary kitchen/dining space with integrated appliances including a hob, fridge/freezer, washing machine, and oven. Overall, the gross internal area of 51.m², this apartment offers a great space for comfortable living. The bedroom comes with fitted wardrobes to store belongs.
Furthermore, the apartment has the advantage of having a south facing balcony which can be used all year round an ideal place for seating and planters. The space is perfect to catch the sunshine and it can be accessed via the bedroom and the lounge for residents to unwind in. With an impressive EPC rating of ‘B’, this apartment ensures both style and efficiency.

Area
This South London apartment is on the borders of Brixton and Stockwell. This vibrant neighbourhood is fun as well as practical and essential needs such as supermarkets, shops and gyms are never far away. This is urban living the way it’s supposed to be. The apartment’s central location makes it so easy to reach all parts of town. Located at the start of the Victoria line - Brixton Underground and Railway stations are approx. 6 minutes walking distance. In the other direction is Stockwell station and the interchange of the Northern and Victoria lines approx. 10-minute walk away, and Clapham High Street with everything it has to offer in restaurants and nightlife in under fifteen minutes. 
There are 24-hour bus services from just a few yards down the road. Whether you’re commuting to the City or Canary Wharf, shopping at Stratford Westfield or partying in the West End, you’ve arrived in minutes. 

Key Features

Key Features
• South facing balcony
• Communal landscaped gardens
• Contemporary kitchen with fridge freezer, microwave, oven, washing machine
• Gross internal floor area - 51m²
• EPC rating of ‘B’
• Secure bicycle storage

General
• Smooth white painted walls, ceiling and architraves
• Flush internal doors with brushed chrome ironmongery
• Fitted wardrobes to bedroom
• Karndean flooring to kitchen, living/dining room, bedroom & hallway
• Double glazed windows
• LED Down lights throughout
• Underfloor heating
• Lift to all floors


Bathroom
• Roca Inspira range sanitary ware with Hansgrohe
chrome mixer taps
• Hansgrohe thermostatic chrome shower mixer
• Glass shower screen to bath
• Mirror cabinet above washbasin
• Chrome heated towel rail
• Shaver socket
• Ceramic wall and floor tiling

Security
• Front door with viewer and multipoint locking
• Video entry system
• Smoke detectors and fire alarms
• Lockable postboxes
• CCTV

Kitchen
• Contemporary fitted kitchen with Earth stone Nordic worktops and glass splash back
• Stainless steel undermounted sink with chrome single lever tap
• AEG integrated fridge/freezer
• AEG stainless steel single oven, AEG ceramic hob and Elica integrated hood
• AEG integrated dishwasher & microwave
• AEG washer/Dryer located in the utility

Particulars

Tenure: Leasehold
Lease Length: 121 years
Council Tax Band: Not specified

Property Downloads
Energy Certificate
Map
Brixton (0.28 miles) Stockwell (0.47 miles) Clapham North (0.58 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
  • Service Charge: Covers maintenance and repairs for communal areas within your development.
  • Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.

NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.

£115,000
Shared Ownership Resale
Estimated Monthly Cost:£1,909
Rent £1,039
Service Charge £286
Mortgage £584

Share percentage 25%, full price £460,000, £11,500 Min Deposit. Calculated using a representative rate of 4.64%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.